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  • Gold: How Much Lower Will It Go? [View article]
    The context is important.
    Volcker regime change started in 1979 and from around then the gold price started to drop.

    If there isn't a change in approach, which I am doubtful about, the present dip is more likely to resemble the dip around 1976.

    How big might the present dip be?
    Could be 50% to around 1000, maybe 1200 will mark the bottom.
    Maybe its best to assume both are possible and plan accordingly.
    Jul 9, 2013. 08:30 PM | Likes Like |Link to Comment
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